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PNCg? Legit?

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Valued Member

United States
362 Posts
 Posted 06/12/2011  11:46 am Show Profile   Bookmark this topic Add ICanSeeYou7687 to your friends list Get a Link to this Message Number of Subscribers
I was suppose to go to a coin show today. butafter the atm ate my debit card I couldnt get any cash, so I'm looking on ebay.

i found this
PNCg?-Legit?

but I'm not familiar with that grading company. any thoughts?

*** Moved by Staff to a more appropriate forum. ***
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junior e's Avatar
United States
931 Posts
 Posted 06/12/2011  11:58 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
As a rule PCGS, NGC, ANACS, or ICG are the most highly recommended TPG services in the order that I listed them.
Valued Member
United States
362 Posts
 Posted 06/12/2011  12:08 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
so are you saying that you personally would not bid on this?
Valued Member
AlmostCollectible's Avatar
United States
384 Posts
 Posted 06/12/2011  12:41 pm  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply
The coin is probably still worth something, just don't use the ms-66 price on your price guide as a basis for your bid.
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chequer's Avatar
Canada
4227 Posts
 Posted 06/12/2011  1:14 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Here's another discussion regarding a PNCG "graded" coin:

https://goccf.com/t/88662
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/12/2011  1:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
so are you saying that you personally would not bid on this?


I would not bid on it with stolen money.
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/12/2011  5:09 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I wouldn't bid on it. plenty more where it came from.
Edited by Namachieli
06/12/2011 5:10 pm
Valued Member
United States
362 Posts
 Posted 06/12/2011  6:59 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
found an online store that wheni asked he lowered it to 465 with free shipping for an ngc graded AU55 half indian, seems like the best deal I've seen so far, I might go for it.

any thoughts
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JackB's Avatar
United States
1064 Posts
 Posted 06/12/2011  7:25 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
I think it's an effort to confuse the uninformed, to trick your mind with PNCG and confuse it with NGC & PCGS. Dirty pool!
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junior e's Avatar
United States
931 Posts
 Posted 06/12/2011  7:33 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
$465 for an NGC AU55 Half Eagle is about an average price for what they are going for on ebay at the current gold spot price. What year and mint mark is the coin?
Valued Member
United States
362 Posts
 Posted 06/12/2011  7:56 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
1911, I dont think I saw a mint mark on there

*edit*
talking tot the owner through email, and he told me that he would lower the price to 450 if I paid with money order or check, but I think ill stick with paypal just in case anything goes wrng.

im pretty sure its legit, but I sill prefer all of the gurantees with paypal
Edited by ICanSeeYou7687
06/13/2011 07:19 am
Valued Member
United States
362 Posts
 Posted 06/13/2011  9:43 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
i talked the guy down to 460, with free shipping, and ngc AU 55 graded. cheapest I could find and I think my dad will really like it
New Member
TruckerMark's Avatar
United States
5 Posts
 Posted 07/08/2011  4:41 pm  Show Profile   Bookmark this reply Add TruckerMark to your friends list Get a Link to this Reply
I found this entry on Wikipedia concerning PNCG-graded coins here:
http://en.wikipedia.org/wiki/User:Coolncalm23

The article claims that PNCG is a new private coin grading service out of central Pennsylvania.

I also recently made a staff contact at PNG here:
http://www.pngdealers.com/

I have a return email from PNG from just Tuesday that says that PNG has never even heard of PNCG, even though they have substantially the same name. PNG has their grading done by NGC.

I recently won the bid on an 1893 (Philadelphia) Morgan on ebay recently for $270. Clearly in the ebay ad the photo shows as a PNCG MS-66 grade, even though the grading company name is not mentioned in the ad. The coin arrived here yesterday and it is obviously not an MS-66. In my professional opinion, at most it is a Choice MS-63 or 64, as there are hardly any breast feathers left. It may have been cleaned too.

http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:IT

I am a mid-size collector who lives here in metro-Denver and have used ANACS for grading recently, so I will send the coin to them for cross-grading, and I will let everyone here on the forum know the result. Either that or perhaps the Silver Dollar Coin Store on ebay would prefer to buy it back at a premium price? An 1983 (P) Morgan graded in MS-64 condition is worth $2200 on US Coin Values Advisor.com, and $7000 for a graded MS-65, so I would be willing to discuss a buyback starting in that range, so that I am not forced it to send it to ANACS for re-grading and report the results, both on here as well as on ebay too!

If you are not sure, why make your ebay customer do all the legwork to prove authenticity?
Edited by TruckerMark
07/08/2011 5:08 pm
New Member
TruckerMark's Avatar
United States
5 Posts
 Posted 07/08/2011  5:33 pm  Show Profile   Bookmark this reply Add TruckerMark to your friends list Get a Link to this Reply
I already have an 1878 (P) 8-TF in my collection, which is only graded MS-63 choice and in similar condition as this one available on ebay today, graded MS-66 by PNCG.

By the blow-up photos further down in the ad, this coin looks more like a 7 over 8 TF anyway. Any opinions on this?

http://cgi.ebay.com/1878-8TF-REV-78...em27bc647e0c
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samwell's Avatar
United States
12 Posts
 Posted 07/08/2011  6:34 pm  Show Profile   Bookmark this reply Add samwell to your friends list Get a Link to this Reply
There are a few sellers on ebay who capitalize on the familiarity of the better known grading companies. They change a letter or two. I have seen their items and they are usually far overgraded for the real state of the coin. CAVEAT EMPTOR.
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samwell's Avatar
United States
12 Posts
 Posted 07/08/2011  6:48 pm  Show Profile   Bookmark this reply Add samwell to your friends list Get a Link to this Reply
As to the Wikipedia comments, notice that the Wiki was just posted last month. ANYONE can write for Wikipedia. Much of their info is commercially motivated (like AOL news) and written by semi-knowledgeable bloggers. Try it- you can write a page or change an existing one.

"Believe none of what you hear and half of what you see."
~Benj. Franklin
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